December 8, 2022/Cordros Report EQUITIES The domestic equities market reversed yesterday’s gain, as investors sold off MTNN (-2.3%). Precisely, the All-Share Index declined by 0.1% to 48,365.14 points. Accordingly, the Month-to-Date and Year-to-Date gains moderated to +1.5%, and +13.2%, respectively. The total volume traded increased by 1.3% to 148.16 million […]
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Nigerian Equities Extend Gains +0.1% on Buy Interests in NB, NESTLE
December 7, 2022/Cordros Report EQUITIES The local bourse edged higher following buying interests in NB (+4.6%) and NESTLE (+1.7%). Thus, the All-Share Index notched a 0.1% gain to close at 48,426.49 points. Consequently, the Month-to-Date and Year-to-Date gains settled at +1.6% and +13.4%, respectively. The total volume traded declined by 20.8% […]
Shariah Products: Master Plan Projects N5 Trillion Capitalisation by 2025 – SEC
December 7, 2022/SEC Nigeria The Securities and Exchange Commission has said that the revised edition of the Capital Market Masterplan (2021 – 2025) that was recently launched has a projection of 50 listings of Shariah compliant products with a market capitalisation of at least N5 trillion by the year 2025 This was disclosed by Director General of the SEC, Mr. Lamido Yuguda […]
